Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 129.81 to 93.92 104.03 (28.17%) . .
Intermediate 115.84 to 93.92 . 104.03 (46.12%) .
Short 114.17 to 93.92 . 104.03 (49.93%) .